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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Nothing fundamentally has changed with the company
View:
Post by Dixiedee on Nov 06, 2024 3:23pm

Nothing fundamentally has changed with the company

Nothing has changed fundamentally with newfound gold the price of gold went down 80 today 
I added more today and if it stays where it is or goes lower I wil add more tommorrow
Comment by cashtango00 on Nov 06, 2024 3:50pm
Look, this company is going to keep hitting new lows and pretty soon will do another financing, and then keep drilling.....the market doesn't care anymore about their drill results.  The market has serious questions as to whether this can be mined economically or not, and if not.....its about $2.75/ share too expensive.  Until the market gets clarity on the economics of this project, ...more  
Comment by 1condor on Nov 06, 2024 4:23pm
cashtango00...well said but falling on deaf ears on this board. Except for me...who has been short the stock for some time.
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